Tuesday, 4 October 2016

EFFECT OF COSMETICS GOVERNANCE Part1

making nigerians to believe in what is not real, is what I call cosmetics governance.
The hype about the president visit to several countries especially china, where some selfish and praise singers economist Analise the the benefit to derive from currency swap with china, even before signing the agreement, just to cosmeticalize the president visit to china, even when the agreement have not materialize, have contributed to what we are now facing, for just attempting such agreement, Nigerian currency continue to loose value against the dollar as in the case of Zimbabwe currency. Such attempt also rubbish some of the president previous visit to US and other western countries, because the visit to china and the hype about currency swap have make the US and their western allies not to trust Nigerian government, and that also affect the refund of looted funds and assets. the failure of Nigerian government to recover such asset have affected the 2016 budget, because the government were sure of getting such looted fund and assets, but is becoming clearer to the government that getting back such assets might not be as easy as they thought.No thanks to the hype and attempt to make currency swap with china.

No comments:

Post a Comment

Prevention is better than cure

Two NORAD F-15 fighter jets intercepted a Cuba-bound aircraft operated by Canada 's Sunwing Airlines in upstate New York Thursday nig...